Piramal Enterprises Merged with Piramal Finance, Dissolved Without Winding Up

Piramal Enterprises Ltd has announced the effectiveness of the Composite Scheme of Arrangement amongst itself, Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited). Both companies have filed the certified copy of the order issued by the Hon’ble National Company Law Tribunal, Mumbai Bench, which approved and sanctioned the Scheme of Merger. The Scheme of Merger has become effective on 16 September 2025, leading to the merger of Piramal Enterprises with Piramal Finance and the dissolution of Piramal Enterprises without being wound up.